Check Point boosts Q3 profit 17%

Check Point Software Technologies Ltd. on Tuesday reported net income of $134.1 million, or 65 cents a share, up about 17 percent compared to $114.5 million, or 55 cents a share, in the third quarter of 2010.

The Redwood City-based company (NASDAQ:CHKP) reported revenue of $308.3 million, up about 13 percent compared to $273.2 million in the same quarter last year.

Excluding items, Check Point would have earned $152.9 million, or 72 cents a share.

The company specializes in technologies that secure communications and transactions over the Internet by enterprises and consumers.